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The Future of B2B SaaS Investing with G2, Accel, Salesforce, Inspired Capital and SaaStr

SaaStr

G2 had us back for another great deep dive on just where SaaS investing is there days, and it was a great panel: Accel Partner Arun Mathew Inspired Capital Founder & Managing Partner Alexa von Tobel Salesforce Ventures Managing Partner Paul Drews and Jason Lemkin! Low investment multiples pose a key challenge.

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SaaStr on 20VC: Mega Funds Will Come Back, Why Markups Have Corrupted VC, RIFs and More with Jason Lemkin and Rick Zullo

SaaStr

Why We Are Going to See More Large Funds, not Less There will be reflation by the end of next year with mega-funds resurging in late 2024 and 2025. The One Investing Rule “Are you confident this next round will be 3x the previous valuation?” If every investment ends up a 3x, then you’ll have a 3x fund. Tough times don’t last.

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Top 25 SaaStr Tweets / Short-Bites of 2020

SaaStr

So my first batch of venture investments hit 20x this week. The #1 investment is 55% of the returns. Reasons not to invest in Zoom: – Solo founder – us TLD – Crowded space – Low ARPU – Entering bottom market – Isn't it a commodity? Twilio was dependent on Uber and might not scale.

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How to Navigate the Shift to Generative AI with PagerDuty’s CEO Jennifer Tejada

SaaStr

Delivering that level of fidelity at scale is a technically and architecturally challenging problem to solve for. We can take higher risks in a less regulated industry than a peer in an investment bank or healthcare business. Will Humans Be in the Loop in 2025, ‘26, and ‘27? PagerDuty customers are worried about three things.

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Clouded Judgement 7.21.23 - Are Software Companies Bad Businesses?

Clouded Judgement

Investing in growth is not only normal, is essential. But there’s a downside to investing in growth: FCF is generally negative. In March 2015 the Morgan Stanley model predicted Box would generate $400m of FCF in 2025. Here’s a great graphic from the Scale Ventures team on Box’s transition.

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We?re About To See a Lot More SaaS Debt

SaaStr

I argue that standard saas metrics make it possible for founders to scale using debt capital (production capital thats cheaper) instead of solely relying on venture capital (financial capital thats more expensive). . It’s no longer viable for financial capital to invest in the next CRM or sales automation tool.

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How to Scale Nuclear Power

Andreessen Horowitz

It’s also important to recognize that although much of this post focuses on large-scale nuclear fission reactors—because that’s what have been delivering civilian power for the past several decades—smaller, more modular reactors will likely play a major role going forward, perhaps as a means to address more local, and even hyper-local, energy needs.

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